LKQ Corp [NASDAQ: LKQ] stock went on a downward path that fall over -0.73% on Tuesday, amounting to a one-week price increase of more than 0.67%.
Over the last 12 months, LKQ stock dropped by -14.37%. The one-year LKQ Corp stock forecast points to a potential upside of 30.99. The average equity rating for LKQ stock is currently 1.78, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $8.10 billion, with 257.30 million shares outstanding and 255.52 million shares in the current float. Compared to the average trading volume of 2.74M shares, LKQ stock reached a trading volume of 26555441 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on LKQ Corp [LKQ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LKQ shares is $45.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LKQ stock is a recommendation set at 1.78. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
MKM Partners have made an estimate for LKQ Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 13, 2022. The new note on the price target was released on April 28, 2022, representing the official price target for LKQ Corp stock.
The Price to Book ratio for the last quarter was 1.24, with the Price to Cash per share for the same quarter was set at 1.12. Price to Free Cash Flow for LKQ in the course of the last twelve months was 11.98 with Quick ratio for the last quarter at 0.69.
LKQ Stock Performance Analysis:
LKQ Corp [LKQ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.67. With this latest performance, LKQ shares dropped by -0.06% in over the last four-week period, additionally sinking by -24.24% over the last 6 months – not to mention a drop of -14.37% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LKQ stock in for the last two-week period is set at 45.71, with the RSI for the last a single of trading hit 0.87, and the three-weeks RSI is set at 0.95 for LKQ Corp [LKQ]. The present Moving Average for the last 50 days of trading for this stock 34.37, while it was recorded at 31.24 for the last single week of trading, and 38.24 for the last 200 days.
Insight into LKQ Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and LKQ Corp [LKQ] shares currently have an operating margin of 8.94% and a Gross Margin at 36.59%. LKQ Corp’s Net Margin is presently recorded at 5.04%.
LKQ Corp (LKQ) Capital Structure & Debt Analysis
According to recent financial data for LKQ Corp. ( LKQ), the Return on Equity (ROE) stands at 11.20%, reflecting robust shareholder value creation. The Return on Assets (ROA) is 4.55%, reflecting the company’s efficiency in generating profits from its assets. Additionally, LKQ Corp’s Return on Invested Capital (ROIC) is 5.83%, showcasing its effectiveness in deploying capital for earnings.
LKQ Corp (LKQ) Efficiency & Liquidity Metrics
Based on LKQ Corp’s (LKQ) latest financial statements, the Debt-to-Equity Ratio is 0.91%, indicating its reliance on debt financing relative to shareholder equity.
LKQ Corp (LKQ) Efficiency & Liquidity Metrics
From an operational efficiency perspective, LKQ Corp. (LKQ) effectively leverages its workforce, generating an average of $15063.83 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.81% and a Quick Ratio of 0.69%, indicating strong ability to cover short-term liabilities.
LKQ Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LKQ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for LKQ Corp go to 2.13%.
LKQ Corp [LKQ] Institutonal Ownership Details
There are presently around $107.77%, or 108.26%% of LKQ stock, in the hands of institutional investors. The top three institutional holders of LKQ stocks are: VANGUARD GROUP INC with ownership of 31.45 million shares, which is approximately 11.854%. BLACKROCK INC., holding 26.49 million shares of the stock with an approximate value of $$1.1 billion in LKQ stocks shares; and BLACKROCK INC., currently with $$550.2 million in LKQ stock with ownership which is approximately 4.9865%.
